In the process of portfolio loan, the interest rate of commercial loan is higher. Generally speaking, many people pay back some commercial loans first, which can save the loan interest rate.

However, many banks have different regulations on the repayment of individual housing provident fund loans. Some banks stipulate that some loans can be repaid in advance after 6 months of normal repayment or 1 year.

After knowing the bank's requirements for early repayment, you can apply to the bank for early repayment. Banks charge interest according to the loan balance, and early repayment will reduce the total interest at any time.

2. Use the provident fund account for repayment.

In the process of repayment of portfolio loans, part of the repayment of provident fund can use the money in the provident fund account. Specifically, the signing can be carried out according to the monthly transfer repayment withholding business, and the repayment can be set as the main account of monthly transfer repayment from the provident fund account, and when the funds are insufficient, you can set up your own savings account to repay. In this way, the amount of the provident fund account is fully utilized, and the automatic repayment operation is convenient.

3. Withdraw money from the provident fund account to repay commercial loans.

The funds in the provident fund account can be withdrawn in advance, and these funds are freely used by the borrower. If you want to withdraw the money from the provident fund account to repay the business loan, that's very good.

What are the conditions for buying a house with a portfolio loan?

1. The lender applying for housing portfolio has legal status.

2. The lender who applies for the purchase portfolio is the employee who pays the housing provident fund in full and on time.

3. The lender who applies for a house purchase portfolio has a stable economic income, and the lender who applies for a house purchase portfolio has good credit and the ability to repay the principal and interest of the loan.

4. The lender applying for the house purchase portfolio has legal and effective house purchase and overhaul contracts and agreements and other supporting documents required by the loan enterprise bank.

5. The lender applying for the house purchase portfolio has self-raised funds exceeding 20% of the house price, and guarantees that the funds will be used to pay the down payment of the house purchased.

6. There is something mortgaged or pledged with the approval of the loan enterprise bank, or a legal person, other economic institution or natural person with sufficient ability to repay the loan as a guarantor.

7. The lender applying for the house purchase portfolio meets the loan conditions stipulated by the local provident fund management.